The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationally of central bank digital currencies (CBDCs). Its brief, distinct from some other countries, is to trial a digital currency that would expressly be built on blockchain technology, rather than a centralized protocol.According to a July … [Read more...] about Vietnam’s PM asks State Bank to trial digital currency on blockchain
Trial
Odds are the SEC will opt to settle Ripple lawsuit before reaching trial
The Securities and Exchange Commission (SEC) vs. Ripple lawsuit is currently in the pre-trial phase. The purpose is for each party to investigate the facts of the case by obtaining evidence from the opposing party and others through discovery devices.According to Attorney Jeremy Hogan, due to resource pressures, only a small percentage of cases ever reach trial. This suggests … [Read more...] about Odds are the SEC will opt to settle Ripple lawsuit before reaching trial
BitMEX’s money-laundering trial to begin in March 2022
News › BitMEX › Legal Owners of the crypto exchange face charges from the US SEC for their alleged role in money laundering. Shaurya Malwa · May 12, 2021 at 11:29 am UTC · 2 min read The hearing dates for crypto exchange BitMEX have been fixed for March 28, 2022, as per a report on legal outlet Law360.The firm was one of the biggest futures exchanges for cryptocurrencies … [Read more...] about BitMEX’s money-laundering trial to begin in March 2022
Accenture and Digital Dollar Foundation to trial United States CBDC this year
Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months. The project’s objective is to generate data to inform U.S. policymakers on how to develop a … [Read more...] about Accenture and Digital Dollar Foundation to trial United States CBDC this year
Balancer (BAL) hits an all-time high as DeFi projects trial new solutions
Decentralized finance (DeFi) was the driving force behind the growth in the cryptocurrency market in early 2021 but lately, the sector has taken a back seat to nonfungible tokens as famous artists and legacy auction houses have been jumping into the NFT ring. A break from the spotlight has allowed some of the more popular DeFi projects like Balancer (BAL) to regroup and plan … [Read more...] about Balancer (BAL) hits an all-time high as DeFi projects trial new solutions